29
Ottobre
2025
|
10:26
Europe/Amsterdam

Mercedes-Benz Group third-quarter results in line with full-year guidance

Riepilogo

• As guided: All Q3 key performance indicators in line with full-year expectations 
• Adjusted Q3 Group EBIT of €2,099 mn influenced by market conditions in China and tariffs 
• Operational performance: Q3 Return on Sales adjusted for MB Cars at 4.8%, for MB Vans at 10.2%; 
Return on Equity adjusted for MB Mobility reached 9.6% 
• Cash generation: Free Cash Flow reached €1,367 mn in Q3 and €5,589 mn year-to-date 
• Product launch program on track: First CLA deliveries and electric Van sales led to 22% EV growth in 
Q3 compared to Q2; New electric GLC received excellent feedback and is now open for orders in 
Europe; Top-End Vehicles grew by 10% globally and 13% in China 
• Full-year outlook 2025: Group guidance reconfirmed

“Our third-quarter results are in line with our full-year guidance. Our biggest product and tech launch 
program is well on track: The new CLA and GLC mark the beginning of a series of new models across all 
segments and drive trains, tailored to specific market and customer needs. We remain focused on 
enhancing customer experience while driving efficiency across our company.” 


Ola Kaellenius, Chief Executive Officer of Mercedes-Benz Group AG 


Mercedes-Benz Group AG (ticker symbol: MBG) posted third-quarter financial results in line with its full-year 
guidance. The adjusted Group EBIT reached €2,099 mn in the third quarter (Q3 2024: €2,537 mn) mainly 
influenced by lower sales volume, increased expenses due to tariffs and negative development of foreign 
exchange rates. Group EBIT adjustments in the quarter amounted to €1,349 mn, mainly in connection with the 
workforce adjustment programme in Germany and optimization programmes abroad (€876 mn). 
All three business units achieved EBIT margins in line with expectations. Furthermore, the company generated 
a robust free cash flow of the industrial business of €1.4 bn in the quarter (Q3 2024: €2.4 bn) and €5.6 bn in 
the first nine months (Q1-Q3 2024: €6.3 bn). Net liquidity reached €32.3 bn end of Q3 2025 (end of Q3 2024: 
€28.2 bn). In accordance with its capital allocation policy, Mercedes-Benz plans to commence the share 
repurchase program, which was approved earlier this year and authorized by the Annual General Meeting. Over 
a period of up to 12 months, shares worth up to €2 billion are to be repurchased.